The formation of IAGES involves major national industry associations, including IBJA, GJC, and GJEPC, with backing from the World Gold Council. The organization will soon announce...
Hallmarking and HUID numbers, presently, are reserved for 14, 18, and 22-carat gold variant Mumbai: Amid soaring prices of gold and silver, the gold trade industry...
Under the proposed model, jewellers from across India would converge at the GIFT Trade Centre, with oversight of goods and valuation to be conducted by the...
The India Bullion and Jewellers Association (IBJA) said that the local, mid-sized and small jewellers had a special role to play when it came to making...
India’s lab-grown diamonds (LGDs) have tweaked the tag line ‘A Diamond Is Forever’ to ‘A Diamond Is For Everyone’ with the Budget axing the 5% custom...
Spot gold prices in the domestic market have been trading at a steep discount to the metal’s bank rate for an extended period, a departure from...
The auspicious occasion of Dhanteras saw robust sales of gold, jewellery and coins this year. According to Ramesh Kalyanaraman, Executive Director, Kalyan Jewellers, the brand registered...
Mumbai: Kalyan Jewellers, one of India’s largest and most preferred jewellery brands, has today been recognized as the ‘Most Promising Gems and Jewellery Company’ by the...
As gold crosses Rs 53,000 per 10 gm mark following the war between Russia and Ukraine, people are cancelling their orders placed with the jewellers or...
AHMEDABAD: Backed by good sales fuelled by pent-up demand, improving incomes, weddings, and investment requirements gold and silver imports have surpassed pre-pandemic levels in the calendar...
Jewellers and bullion dealers with a net worth of Rs 25 crore will be able to choose their own suppliers of gold and buy the precious...
Beating expectations of jewellers and bullion traders, an estimated 220kg gold was traded in Ahmedabad in a single day on Pushya Nakshatra, which fell on Thursday....
Ahmedabad: Increased prices of gold took the sheen off sales in Gujarat on Dussehra, on Friday. Even though the consumer sentiment has remained upbeat, a surge...
AHMEDABAD: Are you planning to buy gold during this festive season? Be prepared to shell out extra as gold prices are rallying ahead of run up to the...
AHMEDABAD: Pent-up demand for gold and gold jewellery has pushed the imports of gold up in August. As the market began showing signs of revival, the...
The 102-year-old apex body of gem and jewellery sector, India Bullion & Jewellers Association (IBJA) has decided not to support strike called today by few other...
PUNE/MUMBAI: From meeting hospitalisation costs to school fees and shop rents, a growing number of people are selling their gold jewellery to tide over the economic...
Deferred weddings and curbs forcing retail stores to shut caused import of gold to decline drastically.
The UAE operations of some of the Indian jewellery retail chains have also lined up special collections and attractive discounts to bump up sales in Dubai...
India’s Pioneer Institute – International Institute of Gemology proudly celebrated their first-ever Virtual Convocation Ceremony in association with India Bullion and Jewellers Association Ltd on 10th...
VK Kamath Committee recommendations for OTR of Gems and Jewellery sector detrimental for Gold (Metal) Loan borrowers observes India’s Apex association for bullion and jewellery Mumbai,...
New Delhi: Next time when to go to a jeweller don’t forget to carry your know your customer (KYC) documents like PAN and Aadhaar with you...
Ahmedabad: The auspicious muhurat of Dussehra fuelled the release of long pent-up demand for precious metals – gold and silver. Gold and silver jewellery sales remained...
AHMEDABAD: The imposition of 0.075% tax collection at source (TCS) from October 1, has left jewellers and gold traders staring at severe working capital crunch, amid an already slowed business. According to...
30th September 2020: Mr. Manoj Kumar Jha and Mrs. Poonam Jha of Kamakhya Jewels were honoured with the prestigious and most coveted Economic Times – ET...
While Mumbai-based jewellers are mooting on better working conditions for karigars, Kozhikode-based group’s chief pitches for uniform gold pricing across the country. Kolkata: At this time...
India’s gold trade may face a working capital problem following the imposition of 0.1 percent tax collected at source (TCS NSE -3.78 %) effective from October...
AHMEDABAD: In a boost to jewellery sales ahead of the festive season, gold prices declined sharply by Rs 1,000 per 10g over the past two days....
In New Delhi, prices of 22-carat gold plunged sharply to Rs 51,250 from Rs 51,700 per 10 gram in the previous trade while price of 24-carat...
In New Delhi, prices of 22-carat gold rose sharply to Rs 51,850 from Rs 51,150 per 10 gram in the previous trade while prices of 24-carat...
Jewellers across the country are unlikely to achieve 100% gold hallmarking by June 2021, the new deadline set by the government, according to the India Bullion...
In view of the coronavirus pandemic, the government has extended deadline for mandatory hallmarking of gold jewellery and artefacts by over four months. The deadline has been extended...
The Rs 475,000-crore Indian jewellery sector has entered a consolidation phase with jewellers renegotiating for a 25-30 per cent of cut in rent, reducing store sizes and inventories,...
Gold jewellery prices vary across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making charges. Gold prices on Friday surged...
Gold Rate In India: Domestic gold and silver futures soared to touch new all-time highs on Tuesday. MCX gold futures, due for delivery on August 5, gained...
India’s gold imports plunged 86% year-on-year in June due to record high prices and as international air travel was banned and many jewellery shops closed amid a...
Ahmedabad: Gold prices once again went up on Monday, to settle at Rs 50,050 per 10g, due to increasing safe haven investments in gold. The prices rose by...
Indian gold prices have increased by 23% so far this year. Gold with 24-carat purity also crossed the Rs 50,000 per 10-gram mark recently. But why...
Zaveri Bazaar reopened last week after 75 days of lockdown and according to industry sources, after suffering a loss of 14 to 15 thousand crores. Home...
Gold price today rose from Rs 46,479 to Rs 46,844 per 10 gram, while silver slipped from Rs 47,800 to Rs 47,695 per kilogram, according to...
Jewellers and bullion traders have urged the government to extend the deadline for mandatory hallmarking by a year to January 2022, saying the loss of business...
Asia’s largest jewellery and bullion hub, Zaveri Bazaar, bore a deserted look on Day 2, as stores remained shut due to paucity of staff, many who...
Zaveri Bazaar, Asia’s largest gold market, reopened on Friday, after 10 weeks of shuttering, injecting life into India’s tepid bullion and jewellery trade that relies heavily on this South Bombay...
Gold price today fell from Rs 46,767 to Rs 46,696 per 10 gram, while silver slipped from Rs 47,930 to Rs 47,800 per kilogram, according to India...
Gold price on Tuesday rose from Rs 47,043 to Rs 47,075 per 10 gram, while silver was recorded at Rs 49,540 per kilogram, according to India Bullion...
Gold price today fell from Rs 46,995 to Rs 46,929 per 10 gram, while silver price was at Rs 48,435 per kilogram, according to the India Bullion...
Jewellers operating in states like Kerala , Maharashtra and Goa, whose governments have eased restrictions in certain areas , said Most customers were placing orders rather...
Jewellery shops have only one-third the staff and only masked men are allowed in. That heightens the risk of daylight robbery, and jewellers are jittery. Leading jewellers...
Jewellers, who have opened their stores in green zones, are witnessing thin sales. Most people coming to their stores either want to sell their jewellery or...
Already having missed out on Hindu calendar new year sales during the spring harvest time due to abrupt lockdown, jewellers across the country are pulling out...
MUMBAI: Gold prices have hit the levels that were prevalent during demonetisation on November 8, when bars, coins and jewellery, among other goods, were purchased at...
Kolkata: After a month of subdued sales, gold traders are upbeat that demand will pick up from January 16, which marks the start of the Indian...
The Income-Tax (I-T) department has issued recovery orders against several jewellers across India over cash deposits made in 2016-17 after demonetisation, Business Standard reported. There is fear...
Always a pricey possession, gold is set to remain more pricey in the New Year too as continuing geopolitical tremors, economic woes and rupee volatility are...
For the first time, a jewellery association has decided to launch its own e-commerce website to connect bullion dealers and jewellers with each other. The industry...
To prevent consumers from getting trapped in malpractices of some jewellers, apex industry body India Bullion and Jewellers Association (IBJA) has advised them against dealing with non-credible retailers....
GOLD BARS in India traded at a higher price than London quotes this week for the first time since the Modi government’s shock hike to bullion import...
Even as demand for gold remains weak, its price has seen some turnaround in the past two months. The yellow metal now trades at a 0.5...
The gold sales on Dhanteras was more than the expectation as it was recorded to be around 30 tonnes, said the national secretary of Indian Bullion...
Mumbai: Certain online portals appear to be burnishing the allure of gold further by offering cash rates 4 per cent lower than the official prices, prompting...
Jewellers taking gold loans from big banks must top up their margins or fix the price and currency rates sooner than they would have liked after...
AHMEDABAD: As gold prices rallied to a record high on Monday, breaching the Rs 37,000-mark per 10g, jewellers became jittery of a further drop in demand....
The Union Budget 2019 has hiked import duty on gold and other precious metals that are imported to 12.5%, from current level of 10%. The decision...
KOLKATA: Jewellers have approached the chief election commissioner and his state-level counterparts to restrain the police, alleging harassment by law enforcement after the model code of conduct came...
Scrap gold supplies in India, the world’s second-biggest consumer of bullion, may increase this quarter as a rally in local gold prices has prompted consumers to...